1134 Fawcett Avenue, Tacoma, WA 98402
Courtesy of RE/MAX Sound Properties
- $899,950
- List Price
- $899,950
- Status
- ACTIVE
- Days on Market
- 138
- Price Change
- ▼ $350,050 1773598172
- MLS#
- 2491440
- Subtype
- Commercial Sale
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1931
- Lot Size
- 9,120
- Acres
- 0.21
- Subdivision
- New Tacoma
- Neighborhood
- New Tacoma
- MLS Area Major
- Central Tacoma
Property Description
Great investment opportunity in Tacoma’s Downtown Business District. The property includes a 4-plex apartment building and 46 self-storage units. The apartments are consistently easy to rent with very low vacancy, and Unit #1 was remodeled within the last year. Renovate the remaining units to further increase rents and lease up the storage units for additional income, or explore redevelopment options. The site also offers potential for a mixed-use project with commercial space on the ground floor and apartments or condos above, providing strong upside potential. Owner financing available with 25% down, creating a flexible path for investors looking to secure a well-located income property. Endless possibilities in this well-priced commercial location.
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Additional Information
- Exterior Features
- Stucco
- Property Description
- 60 - Comm Bldg Und 10K
- Flooring
- Vinyl, Carpet
- Air Conditioning
- Wall Unit(s)
- Roof
- Flat
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